Ritco Logisitics Ltd - Business Update for May 2022

Ritco Logisitics has announced the business updates for the month of May 2022.

- Ritco started cross border logistic services for Nepal.

- Ritco got appreciation in "Nepal Plast" at Kathmandu as Ritco is the only Logistic service provider which works with all polymer producer in India.

- Ritco now started solar power logistic solution, first consignment dispatched from Chikhli plant.

- Ritco has started operation at Gandhidam port connecting all over India.

- Ritco supports central Govt. Initiative to develop J&K and added more customer from Jammu to all over India (Uflex, APAR industries, Hindustan Pencil, Jackson Generators etc.)

- LOI received for handling 60,000 Sqft. warehousing solution of leading consumer goods industry in Ghaziabad's (UP).

- 75000+ vehicles added on our Truck Aggregator platform.

- Ritco upgraded to latest technology by digitally informing freight information to all Vendors thru verified WhatsApp's account.

- 21 new customers added from all over India from different vertical (Consumer goods. Capital goods, Infrastructure, Petchem, FMCG & Automobile.

Shares of Ritco Logistics Ltd was last trading in BSE at Rs. 128.55 as compared to the previous close of Rs. 124.85. The total number of shares traded during the day was 2329 in over 54 trades.

The stock hit an intraday high of Rs. 129.20 and intraday low of 126.50. The net turnover during the day was Rs. 299728.00.

Source : Equity Bulls

Keywords

RitcoLogistics INE01EG01016 BusinessUpdte May2022